The Limited Times

Now you can see non-English news...

Climate: will we still be able to insure our house tomorrow?

2023-04-24T15:06:45.924Z


GREAT DECRYPTION - In France, one in two houses could eventually be damaged due to drought. Other risks related to global warming are increasing. A formidable challenge for insurers.


At the start of spring, drought once again threatens France.

The situation is dramatic for farmers and puts homes at risk.

Indeed, the movement of soils on clay soils sometimes causes considerable damage to buildings.

The phenomenon - known as clay shrinkage-swelling (RGA) - is also one of the main causes in France of claims caused by global warming.

More than half of individual houses are likely to be affected.

But that's not all: climate change poses increased risks of floods or storms.

France is no exception.

Everywhere on the planet, natural disasters cause significant and increasingly costly damage.

"

Global warming is the main risk facing insurers

,”

said Renaud Guidée, risk director at Axa.

This ultimately threatens the insurability of certain goods.

In Australia…

This article is for subscribers only.

You have 89% left to discover.

Want to read more?

Unlock all items immediately.

TEST FOR €0.99

Already subscribed?

Login

Source: lefigaro

All news articles on 2023-04-24

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.